371 Erb Street W, Waterloo, Ontario N2L1W4

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3.

$1,100,000
4
BD
2
BA
1,300
SqFt
List Price
$1,100,000
MLS®
40145179
Days on Market
123
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
2
Living Area
1,300
Lot Size
8,712
Subdivision
415 - Uptown Waterloo/Westmount

Property Description

Uptown Waterloo re-development potential! Being sold as a pair, the combined 371 Erb St W and 8 Roosevelt Ave properties offer approximately 16,000 square feet of RMU-20 zoned lands with the two existing homes having a combined 11 bedrooms available to be rented for income while you plan your project. Being sold as a pair, the combined asking price for both is $2.2M. The combined lots offer approximately 86 feet of frontage on Erb St W and 187 feet along Roosevelt. The University of Waterloo and Wilfred Laurier campuses are 5 minutes away by car, 20 by public transit and only 40 by foot making this a prime location for existing student rentals of rooms and for smaller unit condo re-development. The zoning allows for up to approximately 60-65 bedrooms within combined lots of this size. (id:2579)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
415 - Uptown Waterloo/Westmount
Parking Spaces
4
Levels
2
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Frontage Length
86 ft
Community Features
High Traffic Area
Heating
Forced air
Architectural Style
2 Level
Total Number Of Units
1
Stories
2
Lot Size
8,712
Attached Garage
Yes

Mortgage Calculator

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Calculator source: Real Geeks